Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) Short Interest Down 48.0% in April

Avantis U.S. Mid Cap Value ETF (NYSEARCA:AVMV) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 20,308 shares, a decrease of 48.0% from the April 15th total of 39,079 shares. Based on an average daily trading volume, of 33,102 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Trading of Avantis U.S. Mid Cap Value ETF

Hedge funds have recently made changes to their positions in the business. Kelleher Financial Advisors acquired a new stake in shares of Avantis U.S. Mid Cap Value ETF during the fourth quarter worth about $30,000. Cloud Capital Management LLC acquired a new stake in shares of Avantis U.S. Mid Cap Value ETF during the third quarter worth about $80,000. Harbor Investment Advisory LLC acquired a new stake in shares of Avantis U.S. Mid Cap Value ETF during the fourth quarter worth about $85,000. Mosaic Family Wealth Partners LLC acquired a new stake in shares of Avantis U.S. Mid Cap Value ETF during the first quarter worth about $1,000,000. Finally, First National Bank Sioux Falls lifted its position in shares of Avantis U.S. Mid Cap Value ETF by 10.2% during the fourth quarter. First National Bank Sioux Falls now owns 30,296 shares of the company’s stock worth $2,157,000 after purchasing an additional 2,810 shares in the last quarter.

Avantis U.S. Mid Cap Value ETF Trading Down 0.8%

NYSEARCA AVMV traded down $0.64 during trading hours on Friday, reaching $77.60. The company had a trading volume of 32,681 shares, compared to its average volume of 47,331. The stock has a 50-day moving average of $75.78 and a 200 day moving average of $73.75. Avantis U.S. Mid Cap Value ETF has a 1-year low of $62.05 and a 1-year high of $79.56. The stock has a market capitalization of $574.24 million, a P/E ratio of 14.42 and a beta of 0.98.

Avantis U.S. Mid Cap Value ETF Company Profile

The Avantis U.S. Mid Cap Value ETF (AVMV) is an exchange-traded fund that mostly invests in mid cap equity. The fund seeks long-term capital appreciation through an actively managed portfolio of US mid-cap value companies selected based on fundamental criteria. AVMV was launched on Nov 7, 2023 and is issued by American Century Investments.